Shares of JCP fell by 0.56% or $-0.17/share to $30.28. J. C. Penney Company, Inc. is trading at a price to book ratio of 1.38. The PEG is 1.01 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.37. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5909360 shares of JCP exchange hands on a given day and today's volume is recorded at 8994108. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
J. C. Penney Company, Inc. (jcpenney) is a holding company.
